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Tag Archives: John Magufuli

Tanzania central bank lowers reserve requirements due to coronavirus

12 May 2020, 9:07 PM

Tanzania’s central bank lowered the statutory minimum reserves requirements for commercial banks to 6% from 7% and cut its discount rate for banks, to cushion the economy from the effects of the coronavirus crisis, it said on Tuesday.

Tanzania's President John Magufuli addresses a news conference during his official visit to Nairobi.

Gold rush? Not for us say Tanzania’s small-scale miners

30 October 2019, 11:20 AM

Entry to the 28 exchanges scattered around the East African nation is restricted to those who can afford the licenses needed to sell the precious metals at around $44.

SADC Summit concludes on Sunday

18 August 2019, 11:00 AM

The SADC summit in Dar es Salaam, Tanzania, concludes on Sunday following a key language announcement and a commitment to industrialisation of the region.

John Magufuli

Kiswahili to become one of the official languages in SADC bloc

17 August 2019, 6:12 PM

The outgoing Chairperson of the Southern African Development Community (SADC)  – president Hage Geingob of Namibia – has  announced that Kiswahili will be one of the official languages in the SADC bloc.

SA businesses urged to invest in Tanzania

15 August 2019, 6:07 PM

Tanzanian President John Magufuli has invited more South African businesses to invest in his country.

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